Removal from the Sainsbury's Bank and other lender panels: Why they do it and how to get reinstated
- Breaches of Sainsbury's Bank conveyancing panel Terms and Conditions
- Recurring non-compliance with post completion requirements set by Sainsbury's Bank
- Missing deadline to reapply to remain on the Sainsbury's Bank convincing panel
- Your practice fails to meet the criteria to remain on the Sainsbury's Bank conveyancing panel
- Non-compliance with the Sainsbury's Bank panel terms, the written instructions that Sainsbury's Bank provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Sainsbury's Bank may subsequently adopt.
Questions Sainsbury's Bank panel reinstatement firms ask us
- Am I restricted as to the amount of times my firm can submit applications to be reinstated on the Sainsbury's Bank conveyancing panel?
- Is it the practice manager who is required to sign the reinstatement application to the Sainsbury's Bank panel ?
- Is it possible to find out our application for reinstatement was declined?
- Can we act for Sainsbury's Bank while the appeal for reinstatement on the Sainsbury's Bank panel is being reviewed? How do I find out if our reinstatement application to the Sainsbury's Bank panel is approved?
- How long does the application process take when applying to revert back onto the Sainsbury's Bank conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Sainsbury's Bank panel reinstatement is to ensure that your firm is not removed off of the Sainsbury's Bank conveyancing panel in the first place.
Note: Subject to certain conditions Lexsure’s experts or consultants can assist in providing you with guidance for reinstatement onto the Sainsbury's Bank conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Sainsbury's Bank directly or via their appointed panel manager. Any reinstatement application will have to be made by your firm. For the avoidance of doubt, Lexsure (or the Conveycentric Team) are in no way involved in managing the Sainsbury's Bank conveyancing panel.